Majer Corporation Makes a Product with the Following Standard Costs

question 69

Multiple Choice

Majer Corporation makes a product with the following standard costs:
The company reported the following results concerning this product in February.
The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased.
-The materials price variance for February is:

• A) $3,136 F
• B) $3,260 F
• C) $3,136 U
• D) $3,260 U

---

Definitions:

Prodromal Phase

A preliminary stage of a disease, indicating the onset of symptoms but not yet fully developed illness.

Active Phase

A period in which symptoms of a disease or condition are more pronounced and readily observable.

Residual Phase

A stage in certain mental health disorders marked by a reduction in the severity of symptoms, following an acute phase of the condition.

Catatonic Stupor

A state of motor immobility and behavioral abnormality found in some psychiatric conditions, characterized by muscular rigidity and mental unresponsiveness.